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LINKTV
Dec 30, 2012 4:00pm PST
told that mitch mcconnell, who is the senate minority leader, representing the republican party. harry reid, representing the democrats, had hoped to have a bill on the table for their caucuses to look at in about 60 minutes from now and the word here is that there has been a major setback. one anonymous source is saying that we are now further back than we were 24 hours ago with these gorks and i'm hearing it is that the republicans have introduced the idea of bringing some changes to sporblee security. that would be the short-term benefit that people are entitled to for a very short time when they have been out of work for six months or more. we knew they were struggling anyway to resolve the key issues, like, for example, how many wealthy families will pay more under president obama's plan? there are inheritance tax issues and the unemployment benefits being kept up. president obama particularly wanted that to go into this bill so that anybody who needed unemployment checks would get them. according to this latest source, even that is up in the air. it's 2:00 in the afternoon and if
LINKTV
Dec 28, 2012 5:30am PST
, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doubt that it is logistically possible before new
LINKTV
Dec 31, 2012 7:00pm PST
the gap. we are told by mitch mcconnell, the minority leader there, he says they have got a deal on taxes, but on the spending issue, the sequester issue, as they call is, they have not got a deal, but they are very, very close, so, to be honest with you, we are in no man's land. they are still meeting. i think the feeling is is that they will close the gap. they will come to some agreement, and really to make the point to the rest of the world, i think the senate will vote monday before the deadline. i cannot say, but that is the strong rumor. we are waiting to see, particularly because the house is gone and will not be able to vote until tuesday. >> what do ordinary americans make of this? they see the political squabbling, and the politicians cannot seem to sort it out. they must be very frustrated about this. >> i think frustrated is the right word, beyond frustrated, in that they are not able to get this done. for all americans, this is a scary time. if they do not get a deal done, their taxes are set to go up somewhere between $2,000 to $5,000. there is talk of widespread on t
Search Results 0 to 2 of about 3